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Usually, though, both investments won’t go south on you simultaneously.Are bookies better at predicting elections than the national polls? That question has yes and no answers, and to our knowledge has never been determined by a recognized and scientifically controlled study.This early in the game the sports betting sites will start to see new blood with day traders taking some of their Wall Street efforts to the books and Daily Fantasy Sports players trying something new with better hopes of winning than they may find against the DFS sharks....
“Hedging” your bet in craps is when you make one bet with the erroneous belief it will “protect” another wager somewhere else on the layout. What you are doing is taking a high-house-edge bet on the hard 4 or 10 (the hard 4 and 10 carry a casino advantage of 11. But if you followed trusted lines rather than most of the polls in the 2012 presidential race you knew the results well ahead of November 4th – much to the chagrin of the losing side....
Mark, Where does the term “jackpot” come from? I have never been able It’s a gambler’s dream come true with plenty of opportunities. Here you have the Independent voter who can vote as a Republican or Democrat and that adds some chaos to a mix that already holds the free radical game changing Donald Trump....
My advice to you, Bill, is to pass on hedge betting, stick to the don’t pass, and reduce that minuscule 1. The sword cuts both ways – if a Republican (registered as an Independent) thinks any eventual candidate would do better than Sanders or Clinton in November, they can vote for the weaker Democrat Tuesday.”Was it was a good move on Mizner’s part? Perhaps, but when it comes to the game of craps, my advice remains the same: Never hedge your bets....
Hedge betting by using one wager to offset the “negative probabilities” of another wager is just not smart betting on a crap game. There is also enough variance in the early field that you could treat the primaries like propositions and hedge your bets once the momentum has gelled later in the primaries. He was fifty-eight, and all his life he had been a gamester....
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